$150 Million Taken Out of Nigeria’s Stabilization Fund

Posted on 04/06/2020


The Nigerian government applied for the disbursement of its contributions to the International Monetary Fund (IMF) totaling US$ 3.4 billion under the IMF’s Rapid Credit Loan Facility. In addition, the Nigerian government is seeking a US$ 2.5 billion loan from the World Bank, a US$ 1 billion loan from the African Development Bank, and an […]